Best Shares to Buy Based on Algorithmic Trading: Return up to 72.89% (long) in 3 Months

Best Shares to Buy

This stock market forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s algorithmic systematic trading tools. The full Top 10 Stock Picks forecast includes daily predictions from our stock market algorithm for a total of 20 best shares to buy with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short

Package Name: Stocks Under 10 Dollars
Forecast Length:  3 Months (03/18/2016 – 06/18/2016)
I Know First Average: 15.93% (long); 16.00% (short)

best shares to buy

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This mid-term forecast from the Under $10 package gave investors an advantage over the S&P 500 with an average return of 15.93% for the long-term and 16.00% for the short-term compared to the S&P 500’s growth of 1.50%. The best returns for this forecast in the long position were CLF, CDE, and DNR with returns of 72.89%, 70.02%, and 62.07%. For the short position, the top stock picks were SGY, RITT, NWBO, and PTX with returns of 64.35%, 59.98%, 52.97%, and 50.09%.

Cliffs Natural Resources Inc. (CLF), a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. Steel prices are still looking good for the future, giving CLF strong upside potential.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks